Jonathan Vanian / CNBC:

Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020  —  Meta shares rose nearly 3% after the company reported stronger-than-expected revenue in the first quarter.

Jonathan Vanian / CNBC:

Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020  —  Meta shares rose nearly 3% after the company reported stronger-than-expected revenue in the first quarter.

Source: TechMeme
Source Link: http://www.techmeme.com/250430/p40#a250430p40